Simpson Manufacturing (SSD) Reiterated at Buy by Stifel on Survey Results

Stifel analyst W. Andrew Carter reiterated a Buy rating and {REMOVEPT} price target on Simpson Manufacturing (NYSE: SSD).

The analyst commented, "Respondents offering hardware suggested June 2026 hardware category +1.8%, +90 bps from last month. Muted growth a neutral to positive for HLMN, suggesting a stable environment but the stronger Midwest/Northeast performance a positive for SSD given exposure. Hardware sales +1.8%, up sequentially but underperforming among retailers offering hardware. We believe this likely suggests HSD to LDD volume declines given the pricing in place. For HLMN, we take a mixed view with this a neutral to positive. We believe FY26 guidance is achievable with the low end of guidance assuming a MSD volume decline. While a narrower portion of SSD business, we believe results are positive this month given stronger hardware sales in Northeast/Midwest."

For an analyst ratings summary and ratings history on Simpson Manufacturing click here. For more ratings news on Simpson Manufacturing click here.

Shares of Simpson Manufacturing closed at $203.42 yesterday.

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